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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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First Interstate BancSystem stock price down 0.90% on Friday
(Updated on May 03, 2024)

Buy or Hold candidate since Apr 22, 2024 Gain 5.86% PDF

The First Interstate BancSystem stock price fell by -0.90% on the last day (Friday, 3rd May 2024) from $27.89 to $27.64. During the last trading day the stock fluctuated 1.57% from a day low at $27.45 to a day high of $27.88. The price has risen in 8 of the last 10 days and is up by 7.97% over the past 2 weeks. Volume has increased on the last day by 94 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 610 thousand shares were bought and sold for approximately $16.87 million.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $27.89 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect First Interstate BancSystem stock with a 90% probability to be traded between $24.65 and $28.15 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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FIBK Signals & Forecast

The First Interstate BancSystem stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.25 and $26.09. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, May 02, 2024, and so far it has fallen -0.90%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation

Support, Risk & Stop-loss for First Interstate BancSystem stock

First Interstate BancSystem finds support from accumulated volume at $26.66 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.430 between high and low, or 1.57%. For the last week, the stock has had daily average volatility of 2.03%.

The First Interstate BancSystem stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $26.87 (-2.78%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 78 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (FIBK) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect First Interstate BancSystem to open at $27.66, and during the day (based on 14 day Average True Range), to move between $26.93 and $28.35, which gives a possible trading interval of +/-$0.712 (+/-2.57%) up or down from last closing price. If First Interstate BancSystem takes out the full calculated possible swing range there will be an estimated 5.15% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $27.89 (0.90%) than the support at $26.66 (3.55%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is First Interstate BancSystem stock A Buy?

First Interstate BancSystem holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.776 Hold/Accumulate Unchanged

Predicted Opening Price for First Interstate BancSystem of Monday, May 6, 2024

Fair opening price May 6, 2024 Current price
$27.66 ( 0.0603%) $27.64

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FIBK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 28.09 1.62 %
R2 27.92 1.02 %
R1 27.82 0.655 %
Current price: 27.64
Support S1 27.49 -0.534 %
S2 27.39 -0.90 %
S3 27.23 -1.50 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 27.89 0.90 %
Current price 27.64
Support S1 26.66 -3.55%
S2 26.09 -5.61%
S3 25.21 -8.79%

FIBK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 24, 2024 May 03, 2024 May 16, 2024 $0.470 1.70%
2 Jan 26, 2024 Feb 08, 2024 Feb 19, 2024 $0.470 1.79%
3 Oct 24, 2023 Nov 03, 2023 Nov 16, 2023 $0.470 1.84%
4 Jul 25, 2023 Aug 04, 2023 Aug 17, 2023 $0.470 1.76%
5 Apr 25, 2023 May 05, 2023 Aug 17, 2023 $0.470 1.76%

FAQ

What is the symbol for First Interstate BancSystem Stock and on which exchange is it traded?
The symbol for First Interstate BancSystem is FIBK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Interstate BancSystem Stock?
First Interstate BancSystem holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy First Interstate BancSystem Stock?
First Interstate BancSystem Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy First Interstate BancSystem Stock.

What's the current price of First Interstate BancSystem Stock?
As of the end of day on the May 03, 2024, the price of an First Interstate BancSystem (FIBK) share was $27.64.

What is the 52-week high and low for First Interstate BancSystem Stock?
The 52-week high for First Interstate BancSystem Stock is $32.54 and the 52-week low is $20.81.

What is the market capitalization of First Interstate BancSystem Stock?
As of the May 03, 2024, the market capitalization of First Interstate BancSystem is 2.899B.

When is the next earnings date for First Interstate BancSystem?
The upcoming earnings date for First Interstate BancSystem is Jul 24, 2024.
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About First Interstate BancSystem

First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential... FIBK Profile

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